Housing & Real Estate — Franklin, Michigan
Overview
| Total Housing Units | 1,100 |
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| Occupied | 1,061 |
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| Vacant | 39 |
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| Owner-Occupied | 1,007 |
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| Renter-Occupied | 54 |
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| Median Home Value (Census) | $774,900 |
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| Estimated 2026 | ~$835,000 |
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| Median Rent | $3,175/mo |
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| Median Property Tax | $9,379/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | N/A |
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| Rent as % of Income | N/A% |
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| Severely Rent-Burdened | 100.0% |
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Housing Age
| Built 2010 or later | 35 |
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| Built 2000-2009 | 128 |
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| Built 1990-1999 | 79 |
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| Built before 1960 | 625 |
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| Median Year Built | 1958 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
